Data centres in Malaysia to pay 10%–15% more for electricity, analysts say
Data centres in Malaysia may see their electricity bills rise by up to 15% under the new power tariff structure, analysts said.
Gamuda hits six-month high after RE contract win in Tasmania, analysts reiterate 'buy'
Gamuda Bhd (KL:GAMUDA) climbed to its highest in nearly six months on Tuesday after the group announced it had secured a renewable energy (RE) project in Tasmania, Australia. Its share price rose 18 sen or 3.76% to RM4.97, valuing the company at RM28.68 billion.
InvestPenang launches Silicon Incubation Hub, unveils locally designed AI and NoC chips
The Penang government, through its investment promotion arm InvestPenang, on Tuesday launched the Silicon Research & Incubation Space (SRIS) and announced several chip innovations by its occupants.
Court sets Aug 6 to mention MACC's forfeiture application for Ilham Tower
The High Court has set Aug 6 for the mention of the Malaysian Anti-Corruption Commission’s (MACC) application to forfeit Ilham Tower, the skyscraper owned by the late Tun Daim Zainuddin's family.
Avaland to acquire PJ land for RM49 mil to undertake high-rise commercial development
Property developer Avaland Bhd (KL:AVALAND) plans to acquire a 2.17-acre plot of land in Section 13, Petaling Jaya, to undertake a high-rise commercial development with an estimated gross development value of RM320 million.
Former Kerjaya Prospek Property CEO takes the helm at Ayer Holdings
Property and plantation outfit Ayer Holdings Bhd (KL:AYER), formerly known as TAHPS Group Bhd, has promoted its deputy group CEO Joanne Lee Sor Phaik to succeed Chua Seng Yong, who is retiring.
Kerjaya Prospek buys land in KL for RM112.8 mil, forms JV with Aspen for Penang project
Construction and property firm Kerjaya Prospek Group Bhd (KL:KERJAYA) has announced two major property moves—a RM112.8 million acquisition of land in Kuala Lumpur and the formation of a joint venture (JV) for a mixed-use development in Penang.
Prasarana names new chairman and acting group CEO
Prasarana group chief operating officer Amir Hamdan will take over as acting president and group CEO from July 15, 2025.
Rooftop solar users can offset non-energy charges, says ministry
The same applies for low-voltage users that were registered under the Net Energy Metering (NEM) 2.0 scheme of 2019-2020.
Petronas Gas addresses Putra Heights pipeline incident, reaffirms system safety
PetGas reiterated its ongoing commitment to full transparency, continuous improvement, as well as care for those affected.
